million baht, a decrease of 2.63 million baht or 1.18%. The decrease was due to additional lower cost of borrowing to support hire purchase loan expansion. For the impairment loss of loans was 73.08 million

cost of borrowing to support hire purchase loan expansion and maintained the company interest spread. For the provision expenses for the fourth quarter of 2018 was 92.00 million baht, a decrease from the

the employee benefit expenses and other operating expenses to support the Group’s business expansion was offset by the decrease in financing cost on lower borrowings and the debt recovery from the

employee benefits expenses and other operating expenses have increased to support the business expansion of the Company’s subsidiaries during the year. Innotech Asset Management Co., Ltd. has been approved

Thai food business “Tummour” and the increased administrative expense related to the recruitment of staff to support the future business expansion. Zen Corporation Group Public Company Limited 782/1 Soi

expansion of LCL causing the higher number of employees and moving office to support expansion which leads to the expenses derived from such move and the former improvement disposal costs. In this regard, the

recruitment of staff to support the future business expansion. Analysis of Financial Position Assets As of 31 December 2016, and 31 December 2017, the Group had total assets of THB 1,450.4 Mn and THB 1,588.9 Mn

deduct unnecessary expenses. However, some administrative expenses are unavoidable and much incurred to support the Group’s business operation and require to support the business expansion into related

. Administrative expenses for the first quarter of 2019 was Baht 14.7 million, an increase of Baht 4.51 million or 44.3% from the same period of last year due to the increase in unallocable expenses to support the

, increased from the same period of 2016. The increase was attributed to the personnel expenses to support business expansion, expenses related to the Company in SET. 96.84% 95.62% 3.16% 4.38% 9M16 9M17 Sales